Objectives for FATF-XXV 2013-2014

Vladimir Nechaev presented his objectives for the Russian Plenary year (July 2013 - June 2014) to the FATF Plenary in June.

Main tasks for the FATF in 2013-2014, in line with the Ministers renew the mandate of the Financial Action Task Force until 2020:

• Promoting and facilitating effective implementation of the revised Recommendations.
• Starting the fourth round of mutual evaluations, including the training for the evaluators on the use of the Methodology.
• Further developing the global network of the FATF in collaboration with the FATF-Style Regional Bodies (FSRBs) and the relevant international organisations, especially assisting the FSRBs in their preparations for the new round of their mutual evaluations.
• Working towards better synergy with the Egmont Group of Financial Intelligence Units.
• Enhancing communication and engagement with the private sector and civil society.
• Continuing assessment of risks and new threats to the integrity of the global financial system.
• Assisting in initiatives concerning Financial Inclusion.
• Further engagement with G20 on the issue of corruption.
• Refining the FATF’s organisational and working methods to enhance effectiveness and efficiency.

Objectives for FATF XXV (2013-2014)- Paper by the incoming President